Describe the Characteristics of a Data Warehouse

question 29

Short Answer

Describe the characteristics of a data warehouse.
Section reference 1: Data Warehousing

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Definitions:

Mark-up

The sum added onto the goods' cost price to account for overhead expenses and profit, which establishes the selling price.

Clearance Sale

A sale event where products are offered at significantly reduced prices to clear out inventory.

Sale Price

The final amount at which a product or service is sold to the consumer.

Markdown

A reduction from the original or list price of goods or services to stimulate sales.